Tag: godrej properties

Latest StoriesRera

Telangana RERA Cautions Developers on Pre-Launch Ads

HYDERABAD: The Telangana Real Estate Regulatory Authority (TG-RERA) has issued a warning to promoters, developers, real estate agents, and advertising channels regarding misleading pre-launch advertisements targeted at homebuyers, which lack valid TG-RERA registration. The authority stressed that enticing buyers or soliciting investments before obtaining formal registration is a direct violation of the Act. According to the Real Estate (Regulation and Development) Act, 2016, all real estate projects exceeding 500 sq m and apartments with more than eight units must be registered with TG-RERA. Developers can only advertise, market, or sell units after the Authority has thoroughly examined the project details…

IndustryLatest Stories

Godrej Properties Q3 FY26 Net Profit Up 22.55%

NEW DELHI: Godrej Properties (GPL) has reported a net consolidated profit growth of 22.55% for the quarter ending December 31, 2025. Its profit after tax (PAT) reached ₹193.87 crore, up from ₹158.20 crore during the same quarter last year, as per the company’s BSE filing. The company’s net consolidated total income for Q3 FY26 stood at ₹1,033.84 crore, reflecting a decline of 16.62% from ₹1,239.97 crore in the previous fiscal year’s corresponding quarter. Pirojsha Godrej, Executive Chairperson, stated, “The ₹6,000 crore equity capital raised through a QIP last financial year, combined with our operating cash flow, will support our continued…

IndustryLatest Stories

Godrej Properties buys 8.5-acre land in Mahalunge, Pune

Representative Image NEW DELHI: Godrej Properties (GPL) has successfully acquired an 8.5-acre land parcel through outright purchase in Mahalunge, Pune. The proposed project will primarily feature group housing, with an estimated development potential of around 2.1 million square feet, translating to a revenue potential of ₹2,000 crore. Gaurav Pandey, Managing Director & CEO of the company, stated, “This land acquisition is a significant milestone in our strategy to strengthen our footprint in Pune and expand across high-potential micro-markets in India’s leading cities.” Additionally, the company announced it will be handing over homes across nearly 10 projects in the National Capital…

IndustryLatest Stories

Godrej Properties’ 2025 Booking Value at ₹34,171 Crore

NEW DELHI: Godrej Properties (GPL) announced a booking value of ₹34,171 crore for 2025, reflecting a 19% increase compared to the previous year. Cash collections also saw a significant rise of 28%, totaling ₹18,979 crore. From 2022 to 2025, the booking value experienced a compound annual growth rate (CAGR) of approximately 44%, while collections grew at a CAGR of 35%. The company sold 16,428 housing units during the year, encompassing a saleable area of 27.26 million sq ft. This achievement was bolstered by the launch of 41 projects across various cities, with booking values surpassing ₹7,000 crore in each quarter.…

InfrastructureLatest Stories

Pune: MIDC Urges Developers to Cut Pollution in Hinjewadi

Representative AI image PUNE: The Maharashtra Industrial Development Corporation (MIDC) has issued notices to real estate developers Reyaansh Logistics, Gera Projects, Godrej Properties, and Pegassus Properties, urging them to mitigate air and sound pollution in the Megapolis area of the Hinjewadi IT park. Local residents have filed multiple complaints with the industrial authority concerning uncovered and overloaded trucks transporting earth and debris, causing dust accumulation on roads. Megapolis is a major residential area within phase III of Hinjewadi, where several developers are actively building projects. This marks the second time MIDC has alerted developers based on residents’ complaints. MIDC executive…

IndustryLatest Stories

Bengaluru body plans land auctions for ₹1,800 crore boost

Representative image created by AI The Bengaluru Development Authority (BDA) is set to generate up to ₹1,800 crore through the auction of prime urban land, enhancing efforts to monetize land assets and increase revenue. This initiative is anticipated to draw competitive bids from top real estate developers, especially amid ongoing land shortages and high demand in metropolitan areas. Part of the monetization strategy includes BDA’s planned e-auction for three substantial commercial land parcels in Konadasapura, located along the rapidly developing Whitefield–Hosakote Road corridor in east Bengaluru. The largest parcel covers over 52 acres (approximately 2.13 lakh sq. metres), with two…

IndustryLatest Stories

Godrej Properties buys 75-acre plot in Nagpur

Representative AI image NEW DELHI: Godrej Properties (GPL) has successfully acquired a 75-acre land parcel in Nagpur, which has an estimated revenue potential of ₹755 crore. According to Gaurav Pandey, MD & CEO of Godrej Properties, “This acquisition is a significant milestone in our expansion strategy as we aim to enhance our footprint in emerging real estate markets across India.” This marks the third acquisition in Nagpur within the last four years. The planned development on this land will primarily consist of residential plotted units, offering an estimated saleable area of 1.7 million square feet. With this recent acquisition, the…

IndustryLatest Stories

Godrej Properties buys 3.8 acres in Bengaluru

Representative AI image NEW DELHI: Godrej Properties (GPL) has acquired a 3.8-acre land parcel on Sarjapur Road in South Bengaluru. This project has a revenue potential of ₹2,400 crore and a development potential of two million sq. ft. With this acquisition, GPL anticipates an estimated total revenue potential of ₹3,500 crore, encompassing a total of three million sq. ft. across a larger 30-acre development. Published On Nov 20, 2025 at 09:25 AM IST Join the community of 2M+ industry professionals. Subscribe to our newsletter for the latest insights & updates. Get all the ETRealty updates right on your smartphone!

IndustryLatest Stories

Four of 16 Developers Selected for South Mumbai Rail Plot

Representative AI image The Railway Land Development Authority (RLDA) has narrowed down its selection to four developers from a pool of 16 interested parties bidding for the development of a prime 2.5-acre site in Mahalaxmi, South Mumbai. This project is estimated to hold a revenue potential nearing Rs 10,000 crore, according to sources familiar with the matter. This tender saw significant participation from top developers, signaling a competitive bidding process for this government-owned parcel. The electronic bidding occurred on Tuesday. From what we gather from The Economic Times, the shortlisted developers include Lodha Group, Sobha Ltd, Dineshchandra R Agrawal Infracon,…

IndustryLatest Stories

Godrej Properties Q2 FY26 Net Profit Rises 20.73%

NEW DELHI: Godrej Properties (GPL) has recorded a 20.73% increase in its net consolidated profit for the quarter ending September 30, 2025. The profit after tax reached ₹402.99 crore in Q2 FY26, up from ₹333.79 crore in the same quarter last year, as stated in a BSE filing. The company’s net consolidated total income for Q2 FY26 was ₹1,950.05 crore, reflecting a growth of 44.82% compared to ₹1,346.54 crore in the previous fiscal year’s quarter. Pirojsha Godrej, executive chairperson, remarked, “The ₹6,000 crore raised through a QIP last year, alongside our operational cash flow, will empower us to continue investing…